Investing.com - M/I Homes (NYSE:MHO) reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
M/I Homes announced earnings per share of $3.83 on revenue of $1.05B. Analysts polled by Investing.com anticipated EPS of $3.38 on revenue of $986.7M.
M/I Homes shares are down 15.12% from the beginning of the year, still down 29.49% from its 52 week high of $74.85 set on May 10, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
M/I Homes shares gained 3.92% in pre-market trade following the report.
M/I Homes follows other major Consumer Discretionary sector earnings this month
M/I Homes's report follows an earnings beat by Tesla on January 26, who reported EPS of $2.54 on revenue of $17.72B, compared to forecasts EPS of $2.36 on revenue of $17.13B.
Louis Vuitton ADR had matched expectations on January 27 with fourth quarter EPS of $2.54 on revenue of $22.37B, compared to forecast for EPS of $2.54 on revenue of $20.27B.
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